Aoyama Zaisan Networks Company, Limited announces an Equity Buyback for 577,600 shares, representing 4.87% for ¥363.89 million.

Aoyama Zaisan Networks Company, Limited (TSE:8929) announces a share repurchase program. Under the program, the company will repurchase up to 577,600 shares, representing 4.87% of its common shares, for ¥363.89 million. The program will expire on March 31, 2017. As of January 31, 2017, the company had 11,864,100 shares outstanding and 0 shares in treasury.